Sunday Star

Maryland, Delaware AGs push hesitant Biden, Congress for $50,000 student loan forgivenes­s

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BALTIMORE — Maryland Attorney General Brian Frosh and Delaware Attorney General Kathy Jennings have joined a push for the cancelatio­n of as much as $50,000 in student loan debt per borrower.

The proposal, however, faces some resistance from President Joe Biden who said earlier this week he is not in favor of blanket forgivenes­s of $50,000 in student loan debt.

Frosh, Jennings and Democratic attorneys general from 14 other states and the District of Columbia are urging Congress to approve forgivenes­s measures.

Student loan debt totals more $1.71 trillion in the country. Progressiv­es — including U.S. Sen. Elizabeth Warren, D-Mass., are making debt forgivenes­s a priority with Democrats in charge of the White House and both chambers of Congress.

“Student loan borrowers were already struggling before the COVID-19 pandemic and recession. Many borrowers already owed more than they originally borrowed,” Frosh, Jennings and the other attorneys general write in a Feb. 19 letter to congressio­nal leaders.

“As many as one in five federal student loan borrowers are in default. Many are unable to manage their debt due to disability, illness, or job loss. A growing number are senior citizens living on low fixed incomes. Struggling borrowers are unable to obtain meaningful relief in bankruptcy because under current law, Federal student loans are not dischargea­ble except under extremely narrow circumstan­ces,” the letter continues.

Skeptics question the fairness of forgiving student loans for borrowers while other students paid their own way through college as well as determinin­g equity of canceling student loans to those who might have attended vocational schools, community colleges or no college at all.

Others want a focus to also looks at high and exorbitant tuition and fees charged by universiti­es.

 ?? ANDREW HARNIK ?? Senate Majority Leader Sen. Chuck Schumer of N.Y., center, accompanie­d by from left, Rep. Mondaire Jones, D-N.Y., DMass., Rep. Alma Adams, D-N.C., Rep. Ilhan Omar, D-Minn., Sen. Elizabeth Warren, D-Mass., and Rep. Ayanna Pressley, speaks at a news conference on Capitol Hill in Washington, Thursday, Feb. 4, 2021, about plans to reintroduc­e a resolution to call on President Joe Biden to take executive action to cancel up to $50,000 in debt for federal student loan borrowers. (AP Photo/Andrew Harnik)
ANDREW HARNIK Senate Majority Leader Sen. Chuck Schumer of N.Y., center, accompanie­d by from left, Rep. Mondaire Jones, D-N.Y., DMass., Rep. Alma Adams, D-N.C., Rep. Ilhan Omar, D-Minn., Sen. Elizabeth Warren, D-Mass., and Rep. Ayanna Pressley, speaks at a news conference on Capitol Hill in Washington, Thursday, Feb. 4, 2021, about plans to reintroduc­e a resolution to call on President Joe Biden to take executive action to cancel up to $50,000 in debt for federal student loan borrowers. (AP Photo/Andrew Harnik)

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